Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Regulation of Forms and Rates for Property and Casualty Insurance; Approval of Form. Amend RSA 412:5, I-a(a) to read as follows:

(a) Forms for the following types of commercial insurance shall be exempt from the 30-day waiting period requirement of paragraph I and shall instead be filed for informational and auditing purposes only and shall be filed within 30 days of the effective date:

(1) Fidelity.

(2) [Boiler and machinery.

(3)] Kidnap and ransom.

[(4)] (3) Political risk and expropriation.

[(5)] (4) Excess and umbrella liability.

[(6)] (5) Directors' and officers' liability.

[(7)] (6) Fiduciary liability.

[(8)] (7) Employment practices liability.

[(9)] (8) Errors and omissions and professional liability other than medical malpractice.

[(13)] (12) Commercial flood insurance other than the National Flood Insurance Program.

[(14)] (13) Any other commercial lines of insurance coverage or risk that the commissioner shall, pursuant to regulation, exempt from policy form filing requirements in order to promote enhanced competition or to more effectively use the resources of the department.

2 Regulation of Forms and Rates for Property and Casualty Insurance; Approval of Form. Amend RSA 412:5, VI to read as follows: